# ARK Invest joined Kalshi’s $1 billion Series F last week at a $22 billion valuation.

*fintech · news · 2026-05-13 · Benzinga*

## Key points

- ARK Invest joined Kalshi’s $1 billion Series F at a $22 billion valuation.
- Morningstar estimates ARK erased $14.3 billion in shareholder value from 2014 to 2024.
- Tesla posted $94.8 billion in 2023 revenue, far below Wood’s previous $234-$367 billion prediction.
- ARKK’s promised 40% annual compound return window closes this December, requiring a near-tripling in value.
- Bernstein projects prediction market volumes could hit $1 trillion by 2030, spotlighting Kalshi’s strategic relevance.

**Companies:** Tesla, SpaceX, OpenAI, Kalshi
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/prediction-markets/26/05/52539283/cathie-wood-bets-on-kalshi-but-her-ark-innovation-etf-hasnt-been-great-at-timing-winners)

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